Biomass Solid Fuel Market, By Source, By Region

PUBLISHED: March 25, 2025

PAGES: 120 Pages

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Description

Biomass Solid Fuel Market is estimated to be valued at USD 315.77 Bn in 2025 and is expected to reach USD 603.69 Bn by 2032, growing at a compound annual growth rate (CAGR) of 9.7% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 315.77 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	9.70%	2032 Value Projection:	USD 603.69 Bn

Biomass solid fuel is defined as the solid organic matter that can be used to generate energy, and can be used as an alternative to fossil fuels. Biomass solid fuel is a renewable energy resource thatcan be derived from the carbonaceous waste of human, animals, or industrial activities.

Market Dynamics

Global biomass solid fuel market has experienced significant growth in recent years, primarily due to its advantageous characteristics. Biomass solid fuel often does not require complex production processes, and is readily available in suitable forms that do not require further processing. This inherent convenience makes biomass solid fuel an attractive choice for various industries as a source of energy. Technology advancements have made it more common across a variety of industries to use biomass solid fuel effectively.

Key market players are actively investing in research and development, innovative products and services, as well as marketing and promotional strategies. These major players are anticipated to fuel the growth of the biomass solid fuel market during the forecast period by consistently improving their products and staying ahead of market demands. The combination of investment in R&D, innovative solutions, and strategic marketing approaches are expected to drive the market growth.

Increasing industrialization and population worldwide over the past few decades leads to increase in waste generation. Governments and private companies are seeking environmentally-friendly power generation sources to address waste management challenges and mitigate the advers impacts of greenhouse gas and carbon emisions. Biomass solid fuel has emerged as a viable solution in the generation of power and heat. Its environmental-friendly nature, and ability to utilize waste materials for energy production has made biomass solid fuel an ideal fuel option.

Key features of the study:

This report provides in-depth analysis of the global biomass solid fuel market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global biomass solid fuel market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Svenska Cellulosa Aktiebolaget SCA, BTG Biomass Technology Group, Eni S.p.A., Fulcrum BioEnergy, SOCOTEC Group, Drax Biomass Inc., Aggregated Micro Power Holdings plc, PVM Environmental Products, VGrid Energy Systems, and Vattenfall AB
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global biomass solid fuel market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global biomass solid fuel market

Detailed Segmentation:

Global Biomass Solid Fuel Market, By Source:
- Wood Pellets
- Crop Residue
- Energy Crops
- Municipal Solid Waste (MSW)
- Others (Peat, Sawdust, etc.)
Global Biomass Solid Fuel Market, By Application:
- Space Heating/Cooling
- Cooking
- Heat Processing
- Electricity Generation
- Others
Global Biomass Solid Fuel Market, By End Use:
- Industrial
- Institutional
- Domestic
Global Biomass Solid Fuel Market, By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Company Profiles
- Svenska Cellulosa Aktiebolaget SCA
- BTG Biomass Technology Group
- Eni S.p.A.
- Fulcrum BioEnergy
- SOCOTEC Group
- Drax Biomass Inc.
- Aggregated Micro Power Holdings plc
- PVM Environmental Products
- VGrid Energy Systems
- Vattenfall AB

Product Code: CMI3977

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Source
- Market Snippet, By Application
- Market Snippet, By End Use
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trends
- PEST Analysis
- PORTERS'S Analysis
- New Product Approvals/Launches
- Promotion and Marketing Initiatives

4. Global Biomass Solid Fuel Market - Impact of COVID-19 Pandemic

Overview
Factors affecting global biomass solid fuel market-COVID-19
Impact analysis, By Region

5. Global Biomass Solid Fuel Market, By Source, 2025 - 2032, (US$ Billion)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020-2032
- Segment Trends
Wood Pellets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Crop Residue
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Energy Crops
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Municipal Solid Waste (MSW)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Others (Peat, Sawdust, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)

6. Global Biomass Solid Fuel Market, By Application, 2020-2032, (US$ Billion)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020-2032
- Segment Trends
Space Heating/Cooling
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Cooking
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Heat Processing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Electricity Generation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)

7. Global Biomass Solid Fuel Market, By End Use, 2020-2032, (US$ Billion)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020-2032
- Segment Trends
Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Institutional
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)
Domestic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Billion)

8. Global Biomass Solid Fuel Market, By Region, 2020-2032, (US$ Billion)

Introduction
- Market Share Analysis, By Region, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2032
North America
- Introduction
U.S.
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Canada
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Latin America
- Introduction
Brazil
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Argentina
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Mexico
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Rest of Latin America
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Europe
- Introduction
France
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Germany
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Italy
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Spain
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
U.K.
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Russia
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Rest of Europe
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Asia Pacific
- Introduction
China
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
India
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Japan
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Australia
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
ASEAN
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Middle East & Africa
- Introduction
GCC
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
South Africa
- Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)
Rest of Middle East & Africa
- Sub-region/Country Trends
- Market Size and Forecast, By Source, 2020-2032, (US$ Billion)
- Market Size and Forecast, By Application, 2020-2032, (US$ Billion)
- Market Size and Forecast, By End Use, 2020-2032, (US$ Billion)

9. Competitive Landscape

Market Share Analysis
Company Profiles
- Svenska Cellulosa Aktiebolaget SCA
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- BTG Biomass Technology Group
- Eni S.p.A.
- Fulcrum BioEnergy
- SOCOTEC Group
- Drax Biomass Inc.
- Aggregated Micro Power Holdings plc
- PVM Environmental Products
- VGrid Energy Systems
- Vattenfall AB